Senegal remains one of the most stable and prosperous countries in Africa, with a rapidly improving infrastructure and continued openness to foreign investments and tourism. This predominantly Muslim country has shown its openness to other cultures and willingness to share its own peaceful, hardworking and creative culture with the rest of the world.

Senegal is a relatively open democracy, electing its president every 7 years by universal adult suffrage. Senegal today has over 80 political parties, and a dynamic culture of political debate. Compared to many of its neighbors, Senegal is not endowed with the same abundance of natural resources. Its principal exports include fish, nuts, cotton textiles and some chemical products. The country imports much of its energy and food. Senegal is a regional hub for tourism, with two UNESCO world heritage sites. Senegal has also become an increasingly important player in regional shipping, developing deep-water ports, and a road network connecting it to neighboring countries. Finally, Senegal has actively liberalized its economy, opening it to trade and internal competition, and has succeeded in attracting many foreign companies seeking to establish a permanent presence in the region.

Senegal uses the West African CFA Franc, which is pegged to the Euro with French support, and was last devalued (sharply, by 50%) in 1994. Since then, the currency has held steady at its current exchange rate. Senegal applies withholding tax on interests earned, which is applied to investor and MYC4 earnings.